NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
0.48 Acre Lot

Sale Details

Date Sold: April 6, 2016

Last sale price $903,800

104 Days on Market

Highlights

  • Furnished
  • Baseboard Heating
  • Laundry Facilities
  • Cayuga Heights Elementary School Rated A-
  • Heating System Uses Steam

About This Home

As of April 2016

Prime 5 unit income property 8 minutes to campus 2 two bedrooms, 1 three bedroom, 1 four bedroom and 1 five bedroom legal for more. Separate electric meters tenants pay electric. Landlord pays heat and water and sewer. Coin-op washer and dryer and plenty of parking.

Last Agent to Sell the Property

Kevin O'Connor

Berkshire Hathaway HomeServices Heritage Realty Brokerage Email: Kevin@youroconnorteam.com License #30OC1048863 Listed on: 11/23/2015

Berkshire Hathaway HomeServices Heritage Realty

Last Buyer's Agent

Kyle Steele

Howard Hanna S Tier Inc License #10301200763

Howard Hanna S Tier Inc
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,893

Lot Details

  • 20,908 Sq Ft Lot

Home Design

  • Asphalt Roof

Interior Spaces

  • Furnished
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

  • Cayuga Heights Elementary School

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Steam

Listing and Financial Details

  • Assessor Parcel Number 503001 15.-6-7

Community Details

Overview

  • 6 Units
  • Cayuga Heights Subdivision

Additional Features

  • Laundry Facilities
  • Gross Income $138,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,893

Lot Details

0.48 Acres

Listing Details

  • Prop. Type: Multi Family
  • Lot Size Acres: 0.48
  • Water Body Name: None
  • Subdivision Name: Cayuga Heights
  • Attribution Contact: Kevin@youroconnorteam.com
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood, Washer
  • Has Basement: Full, Partially Finished
  • Basement YN: Yes

Exterior Features

  • Roof: Asphalt

Utilities

  • Laundry Features: Common Area
  • Heating: Electric, Gas, Baseboard, Hot Water, Steam
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Cayuga Heights Elementary
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 20908.0
  • Parcel #: 503001 15.-6-7

Multi Family

  • Number Of Units In Community: 6
  • Number Of Units Total: 5
  • Annual Gross Income: 138540.0

Tax Info

  • Tax Annual Amount: 19893.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2015
Closed on
Apr 6, 2016
Sold by
Bought by
Seller's Agent
Kevin O'Connor
Berkshire Hathaway HomeServices Heritage Realty
Buyer's Agent
Kyle Steele
Howard Hanna S Tier Inc
List Price
$990,000
Sold Price
$903,800
Premium/Discount to List
-$86,200
-8.71%

Purchase Details

Closed on
May 5, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
4.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 14, 2003
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$905,000 Parks David
$540,000 Ralph Nash
$350,000 Mark Masler
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $394,866
Closed $250,000
Previous Owner $500,000
Previous Owner $76,269
Previous Owner $432,000
Previous Owner $343,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/06/2016 04/06/16 Sold $903,800 -8.7% --
03/07/2016 03/07/16 Pending -- -- --
11/23/2015 11/23/15 For Sale $990,000 -- --
Source: Ithaca Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $930,000 $75,000 $855,000
2024 $25,828 $930,000 $75,000 $855,000
2023 $30,542 $1,000,000 $75,000 $925,000
2022 $31,198 $1,000,000 $75,000 $925,000
2021 $30,651 $950,000 $75,000 $875,000
2020 $29,715 $950,000 $75,000 $875,000
2019 $20,222 $900,000 $75,000 $825,000
2018 $29,393 $900,000 $75,000 $825,000
2017 $28,160 $900,000 $75,000 $825,000
2016 $20,623 $625,000 $75,000 $550,000
2015 -- $590,000 $75,000 $515,000
2014 -- $590,000 $75,000 $515,000
Source: Public Records

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB304268

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